Electronics Boutique (ELBO) Message Board

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Technology Stocks : Electronics Boutique (ELBO)

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To: Night Writer who wrote (287)	3/23/1999 1:36:00 AM
From: Mad2	Read Replies (1) of 779

FYI, I started a position in ELBO today; Looking at the chart since their IPO I feel the stock was unduely punnished in Sept/Oct. I believe this occured as ELBO lacked a track record and had a weak institutional base. While ELBO recovered nicely I think it's experiencing some rotation of individual investors who reflect back on last Oct and fear a repeat of those lows. The support of institutions increasing their ownership of ELBO is good. Additionally another 3-6 months of delivering/exceeding expectations whould get ELBO closer to the target set by PRU. Mad2

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